Headquarters. . We hope to do some deals., Hayes added, They are very well hedged. Vantage Energy - Natural gas exploration and development - CBM - North America Seth Urruty , Fort Worth & Uinta Asset Mgr. (SOURCE:CAMINO NATURAL RESOURCES LLC), [Editor's note: A version of this story appearsin the June 2020 edition ofOil and Gas Investor. Camino Natural Resources Apr 2019 - Present3 years 4 months Greater Denver Area Reservoir studies, petrophysical models for reservoir characterization, simulation modelling, pvt analysis.. All rights reserved. Founded in 1998, Quantum Energy Partners is a leading provider of private equity capital to the global energy industry, having managed together with its affiliates more than $17 billion in equity commitments since inception. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp . Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. Feishang Group Limited (CHNR's controlling shareholder) owns 70% of Williams Minerals and Top Pacific (China) Limited, a non-affiliate, owns the remaining 30%. If we are going to be here a long time, were not going to roll the dice, so to speak, and be unhedged, Polzin said. So we had these two groups that had done these large, private-equity-backed things on the cusp of going public, sold at roughly the same time, Polzin said. They are an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. The company made its first acquisition in the middle of 2017. Popular Searches Camino Paving Camino Paving Inc Camino Natural Resources LLC Camino Resources Camino Resources LLC Revenue $20.7 M Employees 37 Founded 1976 Well step into it more conservatively on an absolute spacing basis, he said. The company reduced its capex by 70% over last years spend. Prices for top E&P stocks and commodities. The Youth Coordinated System (YCES) makes it easier for youth ages 16-24 to access housing resources and supportive services, including education support, employment assistance, and mental health services. To get full access now. Bison now operates more than 15 long-term dedications covering an ~12 million-acre area spanning the entire Anadarko Basin. Please Upgrade it take less then a minute. Join MineralAnswers.com for Production Access. Oil and Gas Acquisition and Development. Areas of Operations. Whereas with most of our companies, we have not only hedged their Weve done that by having the large equity support from NGP. We can work marketing better now that were bigger and optimizing our infrastructure, whether its water handling or selling gas and moving NGL downstream with pipes. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. La cancin gira en torno a las redes sociales y el rol que tienen en nuestras vidas. Shale Experts offers the most COMPLETE coverage of the . Win whats next. They stand out among smaller industry players in that geography as a team that is a likely consolidator based on the strength of their balance sheet and strength We merged the teams together in late 2016.. +2.24 +6.89%. No forward-looking statement can be guaranteed. them appeared prepared to take on the role of being a singular, large entity. You need to be prepared to run that thing for the long term. Listed by HONGHUA SHANG DRE #01833183 GREAT WALL REALTY, INC. Ward Polzin was in Dallas when an email ticked into his inbox the morning of January 17, 2013. https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. currently ranked #6 in the state of Oklahoma based on a total production There will always be room for the small, entrepreneurial, focused company, but we think we need to position ourselves to be a larger private. Editor's note: Updated Sept. 3, 2019. Camino Natural Resources. Buyer Type (PE or Strategic) . This press release contains forward-looking statements based on Double Eagles current expectations that involve a number of risks and uncertainties. Most drilling has been done with one year to three years between completions, and the company has encountered infillor childwell degradation. It was that common DNA across Vantage and Centennial. The company reviewed several basins and a multitude of deals before landing on the SCOOP/STACK/Merge. Managed the construction, integration, and deployment of Camino's SQL data warehouse utilizing Conduit Energy's . J.P. Morgan Securities LLC is serving as lead financial advisor to Double Eagle and sponsors, with Citi and RBC Capital Markets also acting as financial advisors. Unauthorized distribution, transmission or republication strictly prohibited. It is focused on the acquisition, exploration and development of high-quality, oil and liquids rich assets in the Permian Basin of Texas and New Mexico which is recognized as the top . Now today, nobodys drilling., He added, We dont really get into business with anybody who is not willing to hedge.. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. Rextag database of energy infrastructure assets. There was a lot of common DNA [such as] running multiple rigs in a big shale play and having quality [rock and people] and financially [being capable of going] public. Completion of the Acquisition is contingent upon the satisfaction of a number of conditions, including, among other things, financing, due diligence results, issuance of independent technical reports, and the Company's cash and restricted share settlement of the total consideration. Ultimately there are different ways to frac wells and drill wells, but it is still the same concepts and you can apply what youve learned everywhere, he said. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. The firm is based in Evanston, Illinois and has offices in London and Houston. Bankruptcies in the space have already begun, and many more are expected. Camino is headquartered in Denver, Colorado. 1401 17th Street, Suite 900 Vinson & Elkins LLP and Alston & Bird LLP are serving as legal advisors to Double Eagle. You have multiple zones. When the play overheated in 2017, operators pulled away from the core, trying to findproductive extensions to widen the footprint. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firm's portfolio. Apollo had assets under management of approximately $455 billion as of December 31, 2020 in its various affiliated private equity, credit, and real estate funds. This copy is for your personal, non-commercial use only. In contrast, Camino has hedged a lot. Natural Resources Transactions Since Inception, Natural Resources IPOs Completed Since 2010, Permian Basin, Eagle Ford and MidContinent regions, Permian Basin, Western Anadarko Basin and Arkoma Basin; Midstream and Infrastructure, SCOOP and Merge plays of Central Oklahoma, Years of Cumulative Team Experience in Energy Transition, Fleet Charging Infrastructure Development, North America, Europe, Middle East and Asia, Energy Transition Technology, Information and Software, 2850 N. Harwood Street, 19th Floor Dallas, TX 75201, Investing in small to midcap oilfield services and technology companies, Upstream oil and gas acquisition and development, Leading supplier of high quality, cost effective regional frac sand, Acquiring, operating and developing highquality, mature energyproducing properties, Independent oil and natural gas acquisition and development company, Oilfield services holding company formed to invest in North American companies, Independent company engaged in the acquisition and development of oil and gas properties, Private oil and gas company capturing opportunities, enhancing value and achieving profitable returns, Joint venture with a publicly traded midstream oil and gas company in the Delaware Basin, Active buyer of producing mineral and royalty interests in the United States, Responsible development of oil and natural gas assets, Exploration, growth and production of oil and natural gas assets, Privately held oil and gas company focused on developing unconventional reserves in Appalachia, Providing natural gas gathering, processing, compression, treating and transmission services, Upstream oil and gas exploration and production company, Active consolidator of mineral and royalty assets in the Haynesville and Permian Basin, Private, fullservice midstream energy company specializing in greenfield project development, Responsible acquisition, optimization and development of highreturn oil and natural gas properties, Upstream oil and gas company focused on acquiring and developing assets, Private exploration and production company focused on acquiring and developing oil and natural gas assets, Private company focused on acquiring mineral and royalty interests, Independent producer and provider of oil and gas resources and exploration services, Experienced developer and marketer of carbon offsets and credits, Helping homeowners transition to clean and sustainable geothermal heating and cooling, Developing fast-charging sites for commercial EV fleets in grid-constrained urban cores, Novel, long-duration battery technology using abundantly available materials, Making it easy for utilities and their customers to budget clean energy choices in their electric bills, Helping renewable energy buyers, sellers, advisors and financiers transact efficiently, Global leader in small modular nuclear reactor technology capable of generating reliable, carbon-free power while using less land, conserving water, and prioritizing safety, Developing innovative products to construct utilityscale groundmount solar, Providing leading edge data collection and analytics for the North American energy transition sector, Reimagining commercial solar finance with technologyenabled processes to accelerate lending to SMBs, Climate disclosure and carbon management solution, Principal investment firm providing early development capital to renewable energy infrastructure and projects, Eliminating energy waste in industrial filtration processes, Platform to connect and monetize distributed energy resources in wholesale energy markets. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry-leading well results and attractive investment returns. Camino Natural Resources Profile: Midcontinent Mover, Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), Crestwood Midstream Announces Upsized Private Offering of $600 Million, Quantum Energy Partners Commits $500 Million for D-J Basin Deals, Asset Development, Diamondback Doubles Asset Sales Target to $1B, Reveals More Midland M&A, North Hudson Launches $275 Million Oil, Gas Credit Fund, Oil and Gas Investor Magazine - June 2020. I think public companies reposition the optics of their hedge book depending on the direction of commodities prices, but generally speaking they hedge about half of their next years production. 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